Cobham plc (COB) Receives GBX 131.38 Average Price Target from Analysts

Shares of Cobham plc (LON:COB) have received an average recommendation of “Hold” from the thirteen brokerages that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 131.38 ($1.75).

A number of research analysts recently issued reports on the company. Deutsche Bank AG lifted their target price on Cobham plc from GBX 113 ($1.50) to GBX 115 ($1.53) and gave the company a “hold” rating in a report on Friday, August 4th. J P Morgan Chase & Co lifted their target price on Cobham plc from GBX 130 ($1.73) to GBX 145 ($1.93) and gave the company a “neutral” rating in a report on Friday, August 4th. Liberum Capital reiterated a “hold” rating and issued a GBX 140 ($1.86) target price on shares of Cobham plc in a report on Tuesday, September 26th. Kepler Capital Markets reiterated a “hold” rating and issued a GBX 117.50 ($1.56) target price on shares of Cobham plc in a report on Thursday, July 27th. Finally, Barclays PLC reiterated an “equal weight” rating and issued a GBX 135 ($1.79) target price on shares of Cobham plc in a report on Tuesday, July 25th.

In other news, insider John McAdam bought 5,000 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were acquired at an average price of GBX 148 ($1.97) per share, for a total transaction of £7,400 ($9,832.58).

Cobham plc (LON:COB) traded up 0.07% on Wednesday, hitting GBX 141.10. The stock had a trading volume of 3,031,832 shares. The firm’s 50-day moving average is GBX 141.06 and its 200-day moving average is GBX 135.26. The company’s market cap is GBX 2.94 billion. Cobham plc has a 52-week low of GBX 89.07 and a 52-week high of GBX 153.03.

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Cobham plc Company Profile

Cobham plc is a technology and services provider in commercial and defense and security markets. It operates in four segments. The Communications and Connectivity segment provides equipment and solutions to enable connectivity across a range of environments in aerospace, avionics, satellite and radio, wireless and mobile connectivity markets.

Analyst Recommendations for Cobham plc (LON:COB)

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